In a report titled “Sector Update: Citi Remains Bullish Gold; Equities Continue To Price Gold Prices Below Spot,” Citi Research analyst Alex Hacking argues that gold miners continue to trade at a discount to the metal they produce. The central claim is that gold equities are pricing a gold price approximately $500/oz below spot, which in Citi’s view leaves room for the shares to outperform during periods of stable prices.
Continue Reading
This article is for pass holders.
30-Day Pass$12.00One-time purchase · no auto-renewalBuy 30 DaysSave $24.00
365-Day Pass$120.00
Already a pass holder? Sign in · Continue with Google